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Limiting Capacity May Be a Death Sentence for Suffering Restaurants
Eater ^ | May 1,2020 | by Elazar Sontag

Posted on 05/05/2020 8:53:05 AM PDT by Hojczyk

In New York, and other states that have yet to reopen, and where occupancy limits are inevitable once they do, a PPP loan can feel more like a burden than a gift. “It feels really scary to take on potential debt even though it’s like, maybe forgivable when the timeline for reopening is so vague. And then there’s no clarity about whether or not we can open in a full capacity,” says Carla Perez-Gallardo, a co-owner of Lil Deb’s Oasis, a snug neighborhood restaurant in Hudson, New York.

Lil’ Deb’s Oasis has a legal capacity of 30 people, and the restaurant’s owners can’t see a way to hire back their full-time staff members while serving a half-empty restaurant. “The pressure is on businesses to pay their employees that they’ve hired back, at a time in which they may not even be able to pay their rent,” says Perez-Gallardo. “It feels like an odd narrative to be moving toward at a time where it doesn’t feel possible.”

The path forward is extremely uncertain for restaurants, whether they apply for and are given a PPP loan or not. Resources and guidance across the country are limited, and restaurant owners are left to ask questions that no one, it seems, will answer. “For us, the best-case scenario would be to have flexibility with our landlord and for our local and our federal government to provide some relief or guidance in how to move forward,” says Sprouse, who applied for a loan but has yet to hear back. “Right now it’s like they’re putting a Band-Aid over a severed leg.”

(Excerpt) Read more at eater.com ...


TOPICS: Business/Economy; Chit/Chat
KEYWORDS: economy; food; newyork; restaurants; shutdown
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1 posted on 05/05/2020 8:53:05 AM PDT by Hojczyk
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To: Hojczyk

Worth reading...

https://www.eater.com/2020/5/1/21243489/limited-capacity-could-destroy-the-restaurant-business


2 posted on 05/05/2020 8:54:42 AM PDT by Hojczyk
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To: Hojczyk

Open up now, right now. Not later, not in a few days, not in a month. Now.


3 posted on 05/05/2020 8:55:30 AM PDT by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: Hojczyk

Restaurants operate on a tight margin in the best of times. Capacity limits will kill them.


4 posted on 05/05/2020 8:55:54 AM PDT by Bonemaker (invictus maneo)
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To: Hojczyk

Limiting Capacity May Be a Death Sentence for Suffering Restaurants, so Perhaps They’ll vote Democrat in November.

Fixed it.


5 posted on 05/05/2020 8:57:55 AM PDT by treetopsandroofs
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To: Hojczyk

not to many businesses and their owners can afford to shut down for 2-3 months and be expected to reopen at half the revenue afterwards.


6 posted on 05/05/2020 8:58:32 AM PDT by eyeamok
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To: Hojczyk

If the federal PPP loan requires them to pay the salaries of their total former staff, then it’s a poison pill.


7 posted on 05/05/2020 8:59:12 AM PDT by SauronOfMordor (A Leftist can't enjoy life unless they are controlling, hurting, or destroying others)
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To: Hojczyk

It would be kinder to shoot the owners.

L


8 posted on 05/05/2020 8:59:26 AM PDT by Lurker (Peaceful coexistence with the Left is not possible. Stop pretending that it is.)
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To: Hojczyk

This entire ‘virus’ was concocted by the elites/China to destroy PDJT & America with one stone.

It doesn’t matter how many millions (probably not even close to that) have gotten it or died from it. The end will justify the means.


9 posted on 05/05/2020 8:59:39 AM PDT by Roman_War_Criminal (Like Enoch, Noah, & Lot, the True Church will soon be removed & then destruction comes forth.)
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To: Hojczyk
1- If you're sick stay home,

2- Employees wash often, (gloves for kitchen staff, not the servers)

3- Let customers decide whether its "too crowded".

4- Must have lawsuit protection (screw Nancy).

10 posted on 05/05/2020 8:59:49 AM PDT by G Larry (There is no great virtue in bargaining with the Devil)
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To: Hojczyk

They used to have smoking section in restaurants. Now they need a normal pack em in virus section for those normals that don’t give a $h!t.


11 posted on 05/05/2020 9:01:33 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: MeneMeneTekelUpharsin
Open up now, right now. Not later, not in a few days, not in a month. Now.

Yes, but with the way the MSM has terrorized the public it almost doesn’t matter. Georgia is open with very few shoppers.

12 posted on 05/05/2020 9:02:12 AM PDT by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: Bonemaker

Here in Texas they have allowed 50% capacity if the county has 5 or less cases. Otherwise it’s only 25% capacity.

Most of those still aren’t open because it’s not even worth it to open with just 25% capacity. Can’t even pay the light bill with that!


13 posted on 05/05/2020 9:03:28 AM PDT by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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To: eyeamok

In places like NY these owners would have voted for these elected officials and still will in the future out of their own ignorance.


14 posted on 05/05/2020 9:03:44 AM PDT by manc ( If they want so called marriage equality then they should support polygamy too.)
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To: SauronOfMordor
It is a poison pill and we all know it - but we are forced to accept it, anyway. We have to survive the Great Scare first, then worry about the payback.

Everybody is mad at Ruth’s Chris and Shake Shack over accepting PPP money, but Boeing’s 12 billion dollar bailout quietly passed by without media comment.

15 posted on 05/05/2020 9:05:16 AM PDT by Mr. Jeeves ([CTRL]-[GALT]-[DELETE])
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To: Hojczyk

This is why politicians should never be in charge of our economy in any way. They have no idea thew consequences of their actions.


16 posted on 05/05/2020 9:05:42 AM PDT by CodeToad (Arm Up! They Have!)
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To: Hojczyk

Politicians have no idea what it means to own and operate a business. They think that businesses create money just by existing. They tax businesses for existing, even before they have earned a cent.

When operating at half or 1/3 capacity, the rent, insurance, hours of work and salaries remain the same. I don’t think most restaurants can make a profit operating that way.

I think many are just going to fold.


17 posted on 05/05/2020 9:06:34 AM PDT by I want the USA back (I fear my government more than the bug. I hate that which makes me afraid. And the media.)
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To: Hojczyk

Why the hell has everyone been sucked into this “social distancing” fad? Has it ever been scientifically proven to be effective in hindering the spread of disease?


18 posted on 05/05/2020 9:06:46 AM PDT by Fiji Hill
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To: Hojczyk
Restaurant in Thailand with social distancing measures

Barber cutting hair in China


19 posted on 05/05/2020 9:07:52 AM PDT by caww
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To: Bonemaker; All
Before all this we used to go out to dinner at least once a week. Over the years we've seen a bunch of very popular excellent restaurants close without warning. If that happens during the good times, just imagine limiting occupancy.

If they try to force that I don't think we'll have any restaurants anymore. But it will be way worse than that. Not just restaurants, but bars, sports venues, live entertainment or social gatherings. Hotels, airlines and travel will be wiped out completely. That's why I believe at some point soon we need to sell the fact that the shutdown was a mistake.

20 posted on 05/05/2020 9:14:51 AM PDT by WhoisAlanGreenspan?
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